Our incubator powers the group and partner companies.
After we lost the battle for the digital diary to Microsoft on the desk and Nokia in the pocket, we vowed never to be out-innovated again.
At the turn of the millennium we set up a private incubator. It enables repetitive, sustainable innovation, develops new business lines and diversifies the group. Today we call it Letts Incubate.
We created an incubator methodology called [email protected]™. It makes all the difference.
Our incubator has just launched an art commerce platform called LettsArt in beta. We have also launched a digital greentech venture called Letts Safari, and the Letts Journal – a first step in our news media strategy. Behind the scenes we are developing a fully automated news network and Media-as-a-Service (MaaS).
Letts Incubate also helps partner organisations to develop new innovations and we are opening an incubation centre in the southwest of England.
Letts Incubate partner companies include Beenz, the web currency, Surfkitchen, a provider of smartphone desktops and blur Group, the online creative services network.
Letts incubated partner companies were valued, in aggregate, at over $1 billion at their peak.
To further enhance innovation at LettsGroup we established a private thinktank called Surviving. Our analysts and researchers help us to look around corners and predict future trends and opportunities.
We launched a monthly column for Surviving at the Letts Journal, which helps business leaders to explore new thinking and future strategies. They join a community and dialogue around change and innovation.
If you have a great venture and would like to join the Letts family of ventures.